Resources to help in uncertain markets

Eight key takeaways from the U.S. election

Heading into the election, U.S. markets were volatile. However, following Joe Biden’s win, markets rallied on the hope for greater clarity and an end to the political chaos. Below are eight key takeaways from the election.

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Market updates amid Coronavirus

We continue to monitor the economic impact of COVID-19. Our most recent market updates provide insights on the global situation and how we're focused on potential opportunities from a longer-term perspective.

MFS Investment Management

Investor Education

The impact of COVID-19 is changing at a rapid pace. On March 18, 2020, the Prime Minister announced Canada’s COVID-19 Economic Response Plan, a new set of economic measures to help stabilize the economy during this challenging period. Attached is a summary of the items from this plan that may be relevant to you.

These items cover:

Measures concerning individuals

  • Temporary income support for workers
  • Income support for low-income individuals
  • Temporary increase in the Canada Child Benefit (CCB)
  • Moratorium on student loan repayments
  • Reducing Registered Retirement Income Funds (RRIFs) minimum withdrawals
  • Flexibility for taxpayers

Measures concerning businesses

  • Helping businesses keep their workers
  • Flexibility for business filing taxes

Check out resources and articles from Lumino Health

Lumino Health has created a hub of helpful resources with links to up-to-date news sources and articles like managing stress during a pandemic, keeping spirits up while self-isolating and taking care of the elderly during COVID-19.

For more support

Advisors, for more information please contact a member of the Sun Life Global Investments Tax & Estate Team, or your Wealth Sales Team at 1-877-837-7844.

Investors, please reach out to your financial advisor if you have any questions about your specific situation.